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Analyst Warns of Tariff Fallout for Apple and Tesla Amid Trump's Policies

Analyst Warns of Tariff Fallout for Apple and Tesla Amid Trump's Policies

Dan Ives from Wedbush Securities has downgraded price targets for Apple and Tesla due to President Trump's tariffs. He highlighted Apple's significant reliance on Chinese production, predicting a sharp decline in stock value. Apple's target was cut to $250 from $325, with shares dropping 4.3% to $180. Meanwhile, Tesla's target fell to $315, despite the current price being $233.94. Ives also noted that Elon Musk's political ties are damaging Tesla's reputation and sales, particularly in China, where local brands like BYD are gaining traction.

Created at: April 7, 2025 6:30pm

Waymo to Use Interior Camera Data for Generative AI Training and Ad Personalization

Waymo to Use Interior Camera Data for Generative AI Training and Ad Personalization

Waymo plans to leverage interior camera footage from its robotaxis to train generative AI models, as revealed in a draft of its privacy policy. This initiative raises concerns about the extent to which rider behavior may be utilized for AI training and targeted advertising. Riders will have the option to opt out of sharing their data, including video linked to their identities. Despite increasing paid rides, Waymo continues to explore alternative revenue streams as it copes with significant operational losses. The company aims to expand its services into new markets while investing heavily in research and development.

Created at: April 7, 2025 4:30pm

Shopify's CEO Pushes for AI Adoption Before Adding Staff

Shopify's CEO Pushes for AI Adoption Before Adding Staff

In a recent memo, Shopify CEO Tobi Lütke mandated that teams must prove AI cannot accomplish their tasks before requesting additional staff and resources. He encouraged exploring how autonomous AI agents could integrate into their workflow, a move expected to spark debate over AI's role in job security. This policy aligns with a broader trend among tech CEOs seeking efficiency through AI, as seen with Klarna's leader, who claims their AI can replace a significant number of customer service positions. Shopify currently employs around 8,100 people after a series of layoffs in the past year.

Created at: April 7, 2025 4:00pm

Meta's Maverick AI Model Raises Concerns Over Misleading Benchmarks

Meta's Maverick AI Model Raises Concerns Over Misleading Benchmarks

Meta's latest AI model, Maverick, was recently ranked second on LM Arena, a performance test, but discrepancies have emerged between this version and the one available to developers. Researchers have highlighted that the LM Arena variant is an ‘experimental chat version’ optimized for conversational use, raising questions about the reliability of the benchmark. Critics argue that tailoring models for specific benchmarks creates confusion for developers regarding real-world performance. Observers noted significant behavioral differences, such as excessive emoji use and verbose responses, between the two versions. Meta has been contacted for further clarification.

Created at: April 6, 2025 9:30pm

BBC Demands Greater Recognition in Apple and Google News Aggregators

BBC Demands Greater Recognition in Apple and Google News Aggregators

The BBC has lodged a complaint with the UK Competition and Markets Authority, urging Apple News and Google News to provide more prominent credit for its stories. The broadcaster argues that the current practices diminish its perceived value, which is crucial for maintaining support from UK households that fund its operations through a licence fee. While the CMA's ruling would primarily impact UK publications, any adjustments made by the tech giants could have wider implications for other news outlets. Apple's recent pause on AI-generated news summaries follows similar complaints from the BBC and other publishers.

Created at: April 6, 2025 7:30pm

Deel's Communications Chief Resigns Amid Spying Controversy

Deel's Communications Chief Resigns Amid Spying Controversy

Elisabeth Diana has stepped down as the head of communications at Deel, coinciding with a lawsuit from rival Rippling alleging corporate espionage. Bloomberg first reported her departure, which is reflected on her LinkedIn profile. The lawsuit accuses Deel of planting a spy at Rippling, bringing serious charges including violations of the RICO Act. The employee at the center of the allegations has corroborated these claims in an affidavit. Deel, valued at $12.6 billion, has denied any wrongdoing and is facing scrutiny as it previously considered going public.

Created at: April 5, 2025 7:00pm

Wikimedia Struggles With AI Scraping Surge, Bandwidth Jumps 50%

Wikimedia Struggles With AI Scraping Surge, Bandwidth Jumps 50%

The Wikimedia Foundation has reported a significant increase in server strain due to AI scraping activities. Since January 2024, bandwidth usage has surged by 50%, driven primarily by bots collecting data for large language models. This unlicensed scraping is affecting various Wikimedia platforms, as the organization notes that bots constitute a majority of traffic. Concerns over copyright infringement and privacy violations are rising, with many AI firms facing lawsuits for similar practices. Wikimedia's situation reflects broader challenges in managing data access in the AI era.

Created at: April 5, 2025 5:29pm

Wikimedia Faces 50% Bandwidth Surge Due to AI Scraping

Wikimedia Faces 50% Bandwidth Surge Due to AI Scraping

The Wikimedia Foundation is experiencing a significant strain on its servers, with AI scraping activities increasing bandwidth usage by 50% since January 2024. The non-profit organization reported that most traffic is now driven by bots collecting data for large language models. This surge in requests has led to concerns over copyright infringement and privacy violations. Wikimedia highlighted that unauthorized data collection has been a persistent issue, affecting various platforms and prompting legal actions against AI companies. The organization calls for better regulation to protect its resources from unlicensed scraping.

Created at: April 5, 2025 5:29pm

Wikimedia Faces Bandwidth Surge of 50% Due to AI Scraping

Wikimedia Faces Bandwidth Surge of 50% Due to AI Scraping

The Wikimedia Foundation has reported a significant increase in bandwidth usage, surging by 50% since January 2024, due to AI bots scraping data from its platforms. This unlicensed activity has put a strain on their servers, as the majority of traffic is now driven by these bots rather than organic users. The organization highlights concerns over copyright infringement and privacy issues linked to such scraping practices. The rise of AI has transformed the landscape, with many companies facing similar challenges. Wikimedia's situation underscores the ongoing debate over data usage rights in the era of generative AI.

Created at: April 5, 2025 5:28pm

Samsung's 'G Fold' Tri-Fold Phone Set for Limited Release in Two Countries

Samsung's 'G Fold' Tri-Fold Phone Set for Limited Release in Two Countries

Samsung's anticipated G Fold tri-fold smartphone is reportedly set to launch exclusively in South Korea and China later this year, marking a significant step in foldable technology. The device's model numbers, identified in the GSMA database, confirm its legitimacy, with South Korea designated as 'SM-F968N' and China as 'SM-F9680.' While the global market has seen dual-fold devices, Samsung's tri-fold design aims to push the boundaries further. This release will not be available worldwide, setting it apart from competitors. The G Fold may debut in the fall, following the trend of innovative foldable smartphones.

Created at: April 5, 2025 5:28pm

Microsoft Launches Bing Copilot Search to Compete with Google’s AI

Microsoft Launches Bing Copilot Search to Compete with Google’s AI

Microsoft has unveiled its new Bing Copilot Search, a direct response to Google's recent AI search feature. This innovative tool presents answers in a chatbot-style format, moving away from traditional link-based results. Users can easily access Copilot Search via Bing on any browser or through Microsoft Edge. Initial tests suggest the AI provides accurate responses, although users are advised to verify information using the provided citations. With this launch, Microsoft aims to enhance the browsing experience and challenge Google's dominance in AI-driven search.

Created at: April 5, 2025 5:28pm

Microsoft Launches Bing Copilot Search to Compete with Google's AI

Microsoft Launches Bing Copilot Search to Compete with Google's AI

Microsoft has unveiled its new Bing Copilot Search, designed to rival Google's AI search feature. Unlike traditional search results, Copilot offers formatted, chatbot-style answers, enhancing user experience. The feature is accessible via Bing in any browser or through Microsoft Edge on both desktop and mobile platforms. Users can enable it easily through the 'SEARCH' tab next to the Copilot icon. Early tests suggest the accuracy of responses, but users are advised to verify information from the provided citations. This move signifies Microsoft's commitment to competing in the AI search landscape.

Created at: April 5, 2025 5:28pm

Microsoft Launches Bing Copilot Search to Compete with Google AI

Microsoft Launches Bing Copilot Search to Compete with Google AI

Microsoft has introduced Bing Copilot Search, an AI-powered search feature designed to rival Google's recent AI search mode. Unlike traditional search results, Copilot delivers formatted, chatbot-style answers, enhancing the user experience. The feature is accessible on Microsoft Edge and via any browser by activating the 'SEARCH' tab. Early tests show that Copilot provides mostly accurate responses, complete with hyperlinked citations for source verification. This release marks a strategic move by Microsoft to strengthen its position in the AI search landscape amid growing competition.

Created at: April 5, 2025 5:28pm

Microsoft Launches Bing Copilot Search to Compete with Google's AI

Microsoft Launches Bing Copilot Search to Compete with Google's AI

Microsoft has unveiled its Bing Copilot Search, an AI-driven feature designed to rival Google's search capabilities. This new tool offers chatbot-style responses that simplify information retrieval, providing formatted answers with citations for easy source verification. Users can access Copilot Search on Microsoft Edge or any browser by activating the feature through the Bing interface. Early tests show it delivers accurate results, although caution is advised regarding potential inaccuracies. This move marks Microsoft's strategic effort to enhance its search experience amidst increasing AI competition.

Created at: April 5, 2025 5:28pm

OnlyFans Founder Tim Stokely Enters TikTok Bidding War—A Game Changer?

OnlyFans Founder Tim Stokely Enters TikTok Bidding War—A Game Changer?

Tim Stokely, founder of OnlyFans, has launched a bid to acquire TikTok's US operations from ByteDance, amid a national security deadline. His startup, Zoop, aims to revolutionize social media with a creator-first revenue model. The urgency arises from a new US law requiring the sale to an American firm to avoid a nationwide ban. The White House is overseeing the negotiations, with President Trump reviewing multiple offers. Other tech giants, including Amazon and Oracle co-founder Larry Ellison, are also vying for TikTok, intensifying the competitive landscape.

Created at: April 5, 2025 5:28pm

OnlyFans Founder Aims to Acquire TikTok in High-Stakes Bid

OnlyFans Founder Aims to Acquire TikTok in High-Stakes Bid

Tim Stokely, founder of OnlyFans, has placed a bid to acquire TikTok's US operations from ByteDance, amid a looming April 5 deadline due to national security concerns. Partnering with his startup Zoop and The Hbar Foundation, Stokely seeks to revolutionize social media with creator-centric revenue models. The bidding war has intensified, with tech giants like Amazon and Oracle's Larry Ellison also in the mix. Uniquely, the White House is orchestrating the sale, signaling its significance. This unexpected competition could disrupt the social media landscape dramatically.

Created at: April 5, 2025 5:28pm

TikTok Launches 'TikTok for Artists' to Empower Creators Amid US Ban Concerns

TikTok Launches 'TikTok for Artists' to Empower Creators Amid US Ban Concerns

ByteDance has introduced a new platform, 'TikTok for Artists,' aimed at helping artists grow their careers and brands. Currently in testing phases across Asia and Oceania, this creator-focused initiative offers tools for promoting music, engaging fans, and analyzing performance metrics. The platform allows artists to launch campaigns, promote merchandise, and connect with streaming services like Apple Music and Spotify. This launch comes as TikTok navigates potential regulatory challenges in the US, with various buyers expressing interest in acquiring the platform's American operations.

Created at: April 5, 2025 5:27pm

Verizon Unveils First-Ever Three-Year Price Lock for Customers—With a Catch

Verizon Unveils First-Ever Three-Year Price Lock for Customers—With a Catch

Verizon has launched an industry-first three-year price lock guarantee for its myPlan and myHome customers, promising stability and savings. Under this plan, customers will automatically be covered without additional sign-up requirements. However, the guarantee does not cover fees and taxes, which could result in increased monthly bills despite a static plan price. Additionally, Verizon is offering free phone exchanges for existing customers and discounts on bundled services, along with new perks for streaming services. The program aims to enhance customer loyalty and satisfaction.

Created at: April 5, 2025 5:27pm

Google's Magic Editor Recovers from Glitch, Users Can Save Edits Again

Google's Magic Editor Recovers from Glitch, Users Can Save Edits Again

Google has resolved a significant bug affecting its Magic Editor feature in Google Photos that prevented users from saving their edits. The issue had frustrated many, as the generative AI tool allows for advanced photo manipulation, including changing backgrounds and repositioning subjects. Following user complaints, Google acknowledged the problem and implemented a fix. Users are advised to update to the latest version of Google Photos to restore full functionality. Testing the fix is straightforward, involving simple edits to check if the saving feature works effectively once again.

Created at: April 5, 2025 5:27pm

Microsoft’s Copilot Can Now Browse the Web and Perform Actions for You

Microsoft’s Copilot Can Now Browse the Web and Perform Actions for You

Microsoft has enhanced its AI-powered Copilot chatbot, enabling it to perform tasks on various websites, such as booking tickets and making restaurant reservations. The chatbot can now remember user preferences, analyze real-time video, and track online deals. Partnering with major platforms like Booking.com and OpenTable, Copilot aims to streamline user tasks. New features include generating podcasts and organizing research into documents. Microsoft emphasizes user control over personal data, allowing users to delete memories or opt out of tracking. This update positions Copilot to compete more effectively with rivals like ChatGPT.

Created at: April 5, 2025 5:27pm

Klarna and StubHub Delay IPOs Amid Trump Tariff Turmoil

Klarna and StubHub Delay IPOs Amid Trump Tariff Turmoil

Klarna and StubHub have postponed their highly anticipated IPOs due to the turbulence in public stock markets following President Trump's recent tariff announcements. Both companies had filed public documents for their IPOs last month and were aiming to raise over $1 billion each. They were scheduled to begin roadshows next week to attract potential investors but opted to hit the pause button instead. Sources indicate that the current market instability played a significant role in their decision. Both firms declined to comment on the situation.

Created at: April 5, 2025 5:26pm

Google Unveils Gemini 2.5 Pro: The Most Expensive AI Model Yet

Google Unveils Gemini 2.5 Pro: The Most Expensive AI Model Yet

Google has introduced Gemini 2.5 Pro, its highest-priced AI reasoning model, with new API pricing announced on Friday. For prompts up to 200,000 tokens, costs are set at $1.25 per million input tokens and $10 per million output tokens. In contrast, for larger prompts, rates increase to $2.50 and $15 respectively. This model surpasses previous offerings from Google and other competitors in terms of cost. Despite the high pricing, initial feedback from developers has been positive due to its advanced capabilities and performance. Demand is soaring, reflected in an 80% usage increase on Google's platforms.

Created at: April 5, 2025 5:26pm

Google Unveils Gemini 2.5 Pro: The Most Expensive AI Model Yet

Google Unveils Gemini 2.5 Pro: The Most Expensive AI Model Yet

Google has launched Gemini 2.5 Pro, its costliest AI model to date, with pricing aimed at developers. For inputs up to 200,000 tokens, it costs $1.25 per million tokens and $10 for outputs, significantly higher than previous models. Despite this, Gemini 2.5 Pro remains competitive against other models like Anthropic’s Claude 3.7 Sonnet. The model has seen an 80% increase in usage on Google’s platforms, indicating strong demand. The tech community has reacted positively, although there is a trend of rising prices for flagship AI models across the industry.

Created at: April 5, 2025 5:26pm

Google Unveils Gemini 2.5 Pro: The Costliest AI Model Yet

Google Unveils Gemini 2.5 Pro: The Costliest AI Model Yet

Google has launched Gemini 2.5 Pro, its most expensive AI model, with pricing set at $1.25 per million input tokens and $10 per million output tokens for prompts up to 200,000 tokens. For larger prompts, the costs rise to $2.50 and $15 respectively. Despite its higher price compared to competitors, the model has received positive feedback from developers. CEO Sundar Pichai noted an 80% usage increase in Google’s AI Studio this month. This trend reflects rising costs in flagship AI offerings amid high demand, marking a shift in the industry landscape.

Created at: April 5, 2025 5:26pm

Google Unveils Gemini 2.5 Pro: The Most Expensive AI Model Yet

Google Unveils Gemini 2.5 Pro: The Most Expensive AI Model Yet

Google has announced the pricing for its latest AI model, Gemini 2.5 Pro, which ranks as the company's most costly offering. With prices set at $1.25 per million input tokens for prompts up to 200,000 tokens, and even higher for longer prompts, it surpasses previous models and competitor offerings. Despite its high costs, the model's performance on coding, reasoning, and math benchmarks has garnered positive feedback from developers. Demand for Gemini 2.5 Pro has surged, resulting in an 80% usage increase on Google’s AI Studio platform this month.

Created at: April 5, 2025 5:26pm

Flexport CEO Ryan Petersen Sees Hope in Global Trade Amid Tariff Chaos

Flexport CEO Ryan Petersen Sees Hope in Global Trade Amid Tariff Chaos

Despite the turmoil caused by new U.S. tariffs on trading partners, Flexport's CEO, Ryan Petersen, remains optimistic about the future of global trade. In a recent conversation with TechCrunch, he discussed how these tariffs have disrupted supply chains and the broader industry response. Petersen emphasized the importance of long-term opportunities in international trade, even as challenges persist. His insights reflect a resilient outlook in the face of regulatory obstacles affecting commerce worldwide.

Created at: April 5, 2025 5:26pm

Flexport CEO Ryan Petersen Optimistic on Global Trade Amid Tariff Chaos

Flexport CEO Ryan Petersen Optimistic on Global Trade Amid Tariff Chaos

Flexport CEO Ryan Petersen expressed a cautious optimism regarding global trade despite the turmoil caused by new U.S. tariffs on trading partners. In a recent conversation with TechCrunch, he discussed the significant impact of these tariffs on international supply chains. Petersen highlighted the industry's response to this challenge and emphasized the potential for long-term growth in global trade. His insights reflect a belief that opportunities still exist despite current disruptions in the market. The discussion sheds light on how businesses can navigate these turbulent times.

Created at: April 5, 2025 5:26pm

Flexport CEO Ryan Petersen Discusses Global Trade Opportunities Amid Tariffs

Flexport CEO Ryan Petersen Discusses Global Trade Opportunities Amid Tariffs

Ryan Petersen, CEO of Flexport, shared insights on the impact of U.S. tariffs on international trade during a conversation with TechCrunch's Connie Loizos. Despite the chaos caused by these tariffs, Petersen remains optimistic about long-term opportunities in global trade. He highlighted the reactions from the industry and the potential for adaptation in supply chain logistics. As Flexport navigates these challenges, Petersen emphasized the importance of resilience and innovation in maintaining global trade connections.

Created at: April 5, 2025 5:26pm

Flexport CEO Ryan Petersen Discusses Global Trade Opportunities Amid Tariff Chaos

Flexport CEO Ryan Petersen Discusses Global Trade Opportunities Amid Tariff Chaos

In a recent interview, Flexport CEO Ryan Petersen addressed the turbulence facing international trade due to new U.S. tariffs. Despite the challenges, Petersen remains optimistic about long-term opportunities in global trade. He participated in a conversation with TechCrunch Editor in Chief Connie Loizos, where they explored the tariffs' impact on supply chains and the industry's response. Petersen emphasized that even in chaos, there are pathways to success for businesses operating in the global market. His insights reflect a broader resilience in the face of regulatory challenges.

Created at: April 5, 2025 5:26pm

Flexport CEO Ryan Petersen Sees Long-Term Trade Opportunities Despite Tariffs

Flexport CEO Ryan Petersen Sees Long-Term Trade Opportunities Despite Tariffs

In a recent interview with TechCrunch, Flexport CEO Ryan Petersen discussed the complexities of international trade amid new U.S. tariffs imposed on trading partners. He highlighted the chaos these tariffs have introduced to global supply chains. Despite the turmoil, Petersen remains optimistic about the long-term prospects for global trade. He elaborated on the industry's response to the tariffs and the potential for future opportunities. His insights underscore a resilient view of the trade landscape, even in challenging times.

Created at: April 5, 2025 5:26pm

Rippling's Corporate Espionage Drama Unfolds Like a Movie Script

Rippling's Corporate Espionage Drama Unfolds Like a Movie Script

Rippling, an HR tech startup, has made headlines this week by publicly releasing an affidavit from a former employee accused of espionage for rival Deel. The lawsuit and subsequent revelations have drawn comparisons to a Hollywood thriller, captivating audiences with its dramatic twists. In other news, EV manufacturer Harbinger has accused Canoo of asset concealment during bankruptcy proceedings. Qualcomm acquired VinAI's generative AI division, while Epic Games has bought Loci, enhancing its 3D asset management capabilities. Funding rounds also saw significant movements, with Isomorphic Labs securing $600 million in a major deal.

Created at: April 5, 2025 5:26pm

Mach CEO Discusses Defense Tech Ambitions at StrictlyVC 2025

Mach CEO Discusses Defense Tech Ambitions at StrictlyVC 2025

Ethan Thornton, CEO of Mach, shared insights on his company's journey from high school projects to securing a U.S. military contract during an interview at the StrictlyVC 2025 event. He emphasized Mach's focus on developing cross-functional factories to enhance defense capabilities and compete with China. Thornton's early work in weapon systems has shaped the company's vision, positioning it as a significant player in the defense tech sector. The conversation highlighted the evolving landscape of defense technology and Mach's strategic plans for future growth.

Created at: April 5, 2025 5:25pm

Mach CEO Ethan Thornton Discusses Building Defense Tech in His 20s

Mach CEO Ethan Thornton Discusses Building Defense Tech in His 20s

Ethan Thornton, CEO of Mach, began developing weapons systems in high school and has since transformed his ambitions into a thriving defense tech company. Recently, Mach secured a contract with the U.S. military and plans to establish cross-functional factories. In an interview at the StrictlyVC 2025 event, Thornton shared insights on competing with China and the company's growth trajectory. His journey highlights the intersection of innovation and national security, as Mach aims to shape the future of defense technology.

Created at: April 5, 2025 5:25pm

Meta Cuts U.S. Fact-Checkers in Major Policy Shift

Meta Cuts U.S. Fact-Checkers in Major Policy Shift

Meta has announced that it will eliminate its U.S. fact-checking program starting Monday, as confirmed by chief global affairs officer Joel Kaplan. This controversial change aligns with a broader loosening of content moderation rules introduced in January, coinciding with President Trump's inauguration. CEO Mark Zuckerberg's statement emphasized prioritizing free speech, despite concerns over the impact on marginalized communities. The new approach mirrors Twitter's Community Notes, shifting moderation responsibility to users. Critics argue that this is leading to an increase in false content on Meta's platforms.

Created at: April 5, 2025 5:25pm

Study Reveals OpenAI’s Models May Have 'Memorized' Copyrighted Content

Study Reveals OpenAI’s Models May Have 'Memorized' Copyrighted Content

A recent study indicates that OpenAI's AI models, including GPT-4, potentially trained on copyrighted materials without permission. Researchers from the University of Washington, the University of Copenhagen, and Stanford suggest that certain phrases and snippets from fiction and news articles were memorized by these models. This raises concerns as plaintiffs in ongoing lawsuits argue that OpenAI's use of their content lacks a fair use defense. The study proposes a method to identify memorized content, emphasizing the need for data transparency in AI training practices. OpenAI continues to advocate for looser copyright restrictions.

Created at: April 5, 2025 5:25pm

Kalshi Takes Prediction Markets Mainstream Amid Controversy

Kalshi Takes Prediction Markets Mainstream Amid Controversy

Kalshi, the leading prediction market in the U.S., is reshaping how people engage with political, sports, and cultural events through a trading economy. While some states view it as an illegal gambling operation requiring special licenses, others see it as a promising financial opportunity. CEO Tarek Mansour shared his views in a recent interview, emphasizing Kalshi's role as a global source of truth. The platform continues to spark debate over legality and ethics in the evolving landscape of financial markets.

Created at: April 5, 2025 5:25pm

Tesla Faces Challenges Amid Tariff Chaos and Sales Decline

Tesla Faces Challenges Amid Tariff Chaos and Sales Decline

Tesla is experiencing a downturn, with a drop in Q1 sales and protests impacting its reputation. CEO Elon Musk's political ties and risk-taking strategies have shifted public perception, but the company struggles with a falling stock price. Recent tariffs announced by Trump may offer some protection, but the long-term impact on Tesla's energy-storage business is uncertain. Competitors like Ford and Volkswagen are seizing the moment with incentives to boost their sales. Meanwhile, Tesla's plans for a robotaxi service in Austin face scrutiny over safety concerns.

Created at: April 5, 2025 5:24pm

Tesla Faces Challenges Amid Tariff Turmoil and Sales Decline

Tesla Faces Challenges Amid Tariff Turmoil and Sales Decline

Tesla is experiencing significant challenges, including a drop in Q1 sales and a declining stock price, attributed to ongoing protests and intense competition from other automakers. CEO Elon Musk, once seen as a symbol of innovation, has admitted that the company narrowly avoided bankruptcy in the past. The recent tariffs announced by President Trump may provide some relief, yet concerns linger over their potential negative impact on Tesla's energy-storage business. Meanwhile, competitors like Ford and Volkswagen are seizing the opportunity to attract customers with incentives and discounts.

Created at: April 5, 2025 5:24pm

Tesla Faces Challenges Amid Tariff Turmoil and Declining Sales

Tesla Faces Challenges Amid Tariff Turmoil and Declining Sales

Tesla is grappling with a drop in Q1 sales and protests as its stock price falls. CEO Elon Musk admits the company narrowly avoided bankruptcy in the past. Recent tariffs could provide some protection for Tesla but may also hurt its energy-storage business. Competitors like Ford and Volkswagen are capitalizing on Tesla's struggles with enticing trade-in deals. Meanwhile, the company is reportedly preparing to launch a robotaxi service in Austin, although outreach has been minimal. Safety concerns regarding Tesla's autonomy technology have also been raised by government officials.

Created at: April 5, 2025 5:24pm

San Francisco Mayor Lurie Reaches Out to Tech CEOs to Revitalize City

San Francisco Mayor Lurie Reaches Out to Tech CEOs to Revitalize City

San Francisco Mayor Daniel Lurie is proactively engaging tech leaders to restore the city's luster amid a homelessness crisis. At the TechCrunch StrictlyVC event, he emphasized the importance of collaboration and highlighted initiatives to streamline business operations. Lurie has rolled back harmful drug programs while proposing new zoning laws for taller buildings to increase housing. He aims to attract AI firms with tax breaks and plans to involve them in civic improvements. Lurie is determined to revitalize San Francisco as a hub for innovation and entrepreneurship.

Created at: April 5, 2025 5:24pm